Vatican financial reform – Matters India

Move all funds to Vatican bank: Pope asks Vatican entities

On: August 24, 2022

Rome, Aug 24, 2022: Pope Francis has ordered that the Holy See and connected entities move all financial assets to the Institute for Works of Religion (IOR), commonly known as the Vatican bank. The Pope’s rescript, issued August 23, clarifies the interpretation of a paragraph in the new constitution ofContinue Reading

Pope names lay expert as Vatican ‘central bank’ secretary

By: Matters India

On: June 17, 2020

In: International

Vatican City, June 16,2020: Pope Francis appointed Fabio Gasperini, an Italian financial adviser working at Ernst & Young, to the second-ranking position at the Administration of the Patrimony of the Apostolic See (APSA) on June 15. This is the first time in its history that the secretary of APSA willContinue Reading